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How is this any different when some rich tech bro from CA cashes out and buys acreage and a McMansion an hour out of Dallas or some stock broker does the same i
by throwaway0a5e 4y ago
How is this any different when some rich tech bro from CA cashes out and buys acreage and a McMansion an hour out of Dallas or some stock broker does the same in Florida?
- ChuckNorris89 4y agoBecause it's Americans doing stuff in America, where everyone has, in theory, the same economic opportunities so they can do what they want with their money independent from their state. It's the same country. It's where they live, make their money and pay their taxes so they're free to spend it there as they please, so the housing and societal issues high earners cause stays internal instead of exporting it to others countries with lower purchasing power where the locals have fewer economic opportunities than Americans. People from Florida can also easily go and work top paying jobs in CA, while foreigners outside of the US can't just walz in and get high paying CA jobs whenever they want due to visa issues and other barriers put in place. That's the difference.